956 Copacabana Dr

Crystal Beach, TX 77650
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4 bd, 3 ba | 1,930 sqft | Built in 2022

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List Price
$765,000

$10K

Initial Investment

$322,065

Purchase Price

$765,000

Down Payment

40%

Estimated daily rent & occupancy


$

 per day x 
 days
Estimated average rent per year
$37,496

Total Return

$219,909

Annualized Return

10.4%

Cap Rate

2.7%

Gross Yield

4.9%

Cash Flow

-$12,986

Appreciation

6.8%
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Features

Lot Size

0

HOA

$10/mo

Flood Risk

High Risk - Zone VE

Views of the Beach & Intercoastal...This resort-style home will have you thinking twice about going back to the "real world." 4/3/1 with over 1900 Sq ft. Plus 1140 sqft of deck. (10' X 48' covered). All the finishes you are used to: Granite, stainless, stylish lighting, designer colors, high end, luxury vinyl plank flooring. The gourmet Kitchen boasts custom cabinetry, granite countertops, farmhouse sink, stainless range, microwave & dishwasher, huge Pantry (large enough for 2nd fridge). Bar seating for 6, and additional table with granite top (built-in) with seating for 4. Family Room and Kitchen/Dining area offer a wall of windows overlooking the beautiful deck. 2nd, 3rd & 4th bedrooms share 2 full baths. Master Suite features shiplap accent wall, huge Master Closet, & Master Bath offers double vanity & 4X5 shower, plus linen storage. Energy efficient LED throughout interior & exterior. Should be complete Sept 30, 2022. *See additional Builder Specs & Upgrade Sheet, for more details.

See more in Analysis
Ariana White
EXP Realty, LLC
TX Agent License #714146
Annual Financial Highlights

Expected Rent

$37,496

Expenses

-$17,211

Property Taxes

$0

Loan Payments

-$33,272

Net Cash Flow

-$12,986

See more in Financials

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
  • You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
  • Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
  • Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
Listing Courtesy of:Dana Johnson
Agent License 0479461
RE/MAX One
Certified Agent Brokerage:Ariana White
EXP Realty, LLC
TX Brokerage License 603392
SourceHouston Association of REALTORS®
MLS #35898196
Last Updated: 11/16/2022 07:11
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